Cherry Hill Mortgage Investment Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits
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Item 1.01. | Entry into a Material Definitive Agreement. |
On August 9, 2024, Cherry Hill Mortgage Investment Corporation, a Maryland corporation (the “Company”), entered into (i) an At Market Issuance Sales Agreement (the “BTIG Sales Agreement”) with BTIG, LLC (“BTIG”) to add BTIG as a sales agent in the Company’s existing at-the-market offering (the “ATM Program”) of the Company’s common stock, par value $0.01 per share (“Common Stock”); (ii) an amendment (the “JMP Amendment”) to its existing At Market Issuance Sales Agreement with Citizens JMP Securities, LLC (formerly known as JMP Securities LLC (“JMP”), dated August 31, 2018, as amended by Amendment No. 1, dated August 25, 2021 and Amendment No. 2, dated November 4, 2022 (the “JMP Sales Agreement”); and (iii) an amendment (the “B. Riley Amendment” and together with the JMP Amendment, the “Sales Agreement Amendments”) to its existing At Market Issuance Sales Agreement with B. Riley Securities, Inc. (“B. Riley,” and together with JMP and BTIG, the “Sales Agents”), dated August 31, 2018, as amended by Amendment No. 1, dated August 25, 2021 and Amendment No. 2, dated November 4, 2022 (the “B. Riley Sales Agreement” and together with the JMP Sales Agreement and the BTIG Sales Agreement, the “Sales Agreements”).
The Shares are being offered pursuant to a prospectus, dated August 6, 2021, as supplemented by a prospectus supplement, dated August 25, 2021, as further supplemented by a supplement, dated November 4, 2022, and a supplement, dated as of August 9, 2024, all of which form a part of the Company’s registration statement on Form S-3 (File No. 333-251078).
In connection with the foregoing, the Company is filing as Exhibit 5.1 to this Current Report on Form 8-K the opinion of Venable LLP, its Maryland counsel, with respect to the legality of the Shares to be sold pursuant to the Sales Agreements.
Item 9.01. | Financial Statements and Exhibits. |
Exhibit Number |
Description |
1.1 | At Market Issuance Sales Agreement, dated August 9, 2024, by and among Cherry Hill Mortgage Investment Corporation and BTIG, LLC |
1.2 | Amendment No. 3 to At Market Issuance Sales Agreement, dated August 9, 2024, by and among Cherry Hill Mortgage Investment Corporation and Citizens JMP Securities, LLC |
1.3 | Amendment No. 3 to At Market Issuance Sales Agreement, dated August 9, 2024, by and among Cherry Hill Mortgage Investment Corporation and B. Riley Securities, Inc. |
5.1 | Opinion of Venable LLP, Maryland counsel to the Company |
23.1 | Consent of Venable LLP (included in Exhibit 5.1) |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CHERRY HILL MORTGAGE INVESTMENT CORPORATION | ||
By: | /s/ Michael Hutchby | |
Name: Michael Hutchby | ||
Title: Chief Financial Officer |
Date: August 9, 2024